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759 W Center St
Midvale, UT 84047

Millcreek Apartments · Multifamily Property For Sale · 55 Units

PROPERTY FACTS

No. Units 55
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 2.21 AC
Building Size 59,627 SF
No. Stories 3
Year Built/Renovated 1971/1987
Parking Ratio 1.51/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Carpet

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Playground
  • Property Manager on Site
  • Maintenance on site
  • Smoke Detector

About 759 W Center St , Midvale, UT 84047

Colliers International is pleased to exclusively offer Millcreek Apartments for sale. This investment offering consists of a 54-unit affordable multifamily property, as well as the djoining rental home (currently occupied)--for a total of 55 units. Millcreek Apartments is located near I-15 in charming old town Midvale, centrally located in center of the Salt Lake Metropolitan area with easy access to employment centers in Salt Lake City or Utah County. This 100% leased low-income housing tax credit (LIHTC) property is a step above its peers due to its excellent condition and its incredible location. It sits directly next to the massive 351-acre redevelopment site at Bingham Junction and provides investors ownership of a long-term investment with potential to increase rents immediately as well as benefitting from a rising market.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 25 - 793
3+1 30 - 929

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-26-483-018-0000
Land Assessment
$907,800
Improvements Assessment
$4,192,900
Total Assessment
$5,100,700

zoning

Zoning Code RM-25
RM-25
  • Listing ID: 14556120

  • Date on Market: 12/5/2018

  • Last Updated:

  • Address: 759 W Center St, Midvale, UT 84047

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